Nearly 40 percent of women who earn engineering degrees quit the profession or never enter the field, and for those who leave, poor workplace climates and mistreatment by managers and co-workers are common reasons, according to research presented at the American Psychological Association’s 122nd Annual Convention.
Richard Holstein ’68, a pediatric dentist with a life-long passion for the study and practice of ethical behavior, pledges $5 million to create faculty chairs and boost programs that will help Washington College students know, and do, the right thing in their careers and communities.
New research from the University of Chicago Booth School of Business finds that the positive reaction one would have when succeeding is lessened if it doesn't follow the expected course.
The pursuit of extreme wealth by top managers can lead to lower performance and loss of shareholder value, a new study finds. But, a powerful board or long CEO tenure can moderate the impact.
In a move that reflects a growing demand among universities to make socially responsible, sustainable investment choices, Humboldt State University’s charitable foundation has already adopted a the policy to strictly limit its holdings in companies directly or indirectly involved in fossil fuels. Now, through its “Humboldt Investment Pledge,” The HSU Advancement Foundation is urging other universities to do more to clean up their investments.
According to a recent CNN report, the FBI has opened a criminal investigation of the Veterans Affairs Department. Among other allegations, an internal audit of the department revealed that supervisors ordered workers to falsify computer records to show that veterans were waiting less for doctor and hospital appointments than they actually were. These supervisors got bonuses partly by reporting low wait times, according to the news report. This is a classic example of incentive gaming, says a business strategy professor at Washington University in St. Louis’ Olin Business School.
The study by University of Iowa researchers suggests Yahoo’s finance message boards can predict stock price movements. It also found more than two-thirds of the comments had nothing to do with finance.
Mount Sinai study shows the socioeconomic status of congestive heart failure patients does not influence hospital rankings for heart failure readmissions.
Sidney Hillman Foundation’s Sol Stetin Award is presented to a scholar who has contributed to greater public knowledge of the labor movement and working people in America.
Two independent studies use two very different approaches to reach the same conclusion: some online retailers really do have an advantage over traditional brick-and-mortar stores.
A new study from Rice University and UC San Diego shows that university workplace bias against scientists and engineers who use flexible work arrangements may increase employee dissatisfaction and turnover even for people who don’t have children.
Children who viewed TV ads for Kids Meals were commonly unable to recall milk or apples, items added to make the meals healthier. Instead many kids thought apples were french fries.
A team of researchers from the business schools at Wake Forest University, Georgia State University, and the Miami University of Ohio, determined that misreporting of project statuses, at all levels of the company, is often to blame for corporate projects failing or ballooning in cost. Everything from cultural predispositions to career aspirations motivate people to misreport, according to the study published in MIT’s Sloan Management Review.
People who care about justice are swayed more by reason than emotion, according to new brain scan research from the University of Chicago Department of Psychology and Center for Cognitive and Social Neuroscience.
A new academic paper about potential conflict of interest in large retail brokers’ routing of limit orders has stirred controversy on Wall Street and caught regulators’ attention -- even before the paper has been submitted to a journal. While some in the industry have compared the study’s possible impact to an earlier one that reformed Nasdaq trading, the authors caution that the paper is not yet final and the findings should be taken in proper context.
One of the first research studies empirically tests potential reasons why firm leaders and non-leaders -- or professional staff -- can have contrasting perspectives of the firm's ethical environment.
New research from Stanford shows that corporations with tarnished reputations can regain their financial value by undertaking broad-based goodwill efforts.
Insider trading may be too engrained in the financial system in transactions such as credit default swaps to make banning them feasible, says a Vanderbilt law professor.
One of the major factors blamed for the subprime mortgage crisis may have actually played only a minor role in the housing meltdown, new research reveals.
scientist Jessica F. Green explains how private firms, in many cases, are emerging as leaders in tackling the world’s climate concerns.
Some, Green writes in Rethinking Private Authority: Agents and Entrepreneurs in Global Environmental Governance (Princeton University Press, 2014), are actually creating and enforcing climate-friendly rules that exceed those of international treaties and government regulations.
For example, Walmart set long-term goals in 2005 for renewable energy, waste reduction and other sustainability measures. The world’s largest retailer also created an index to help its suppliers evaluate the sustainability of their products and performance—with the requirement that those companies either meet the standards or lose Walmart as a customer.
“For better or worse,” writes Green, “Walmart is now a global rule-maker for sustainability.”
And, in anticipation of legislated environmental measures, Walmart recently announced it would cut 20 million metric t
The longer CEOs stay in power – and a new study suggests most of them do, exceeding the optimal tenure length by about three years – the more likely chief executives are to limit outside sources of market and customer information, ultimately hurting firm performance.
With all of the talk about the growing success of Cyber Monday sales, an Indiana University retailing expert suggests that traditional retailers are closing the gap with online retailers such as Amazon.com.
The controversy and legal battles surrounding the contraception mandate in the Affordable Care Act have led to a new – and worrisome – legal concept: the idea of a “corporate conscience,” warns Elizabeth Sepper, who teaches at Washington University School of Law in St. Louis.
Independent, financially-literate audit committees lead to higher firm values and less diversion of resources by management, shows a new study by researchers at the University of Toronto.
But the paper, which looked at small companies that voluntarily adopted standards required of larger companies, also says it’s important for regulators to stay flexible around rules requiring high-quality audit committees, particularly for smaller firms that may be hurt by expensive director compensation costs.
For many firms, losing significant revenue and profit to employee theft has been a cost of doing business. But a new study from Washington University in St. Louis finds that information technology monitoring is strikingly effective in reducing theft and fraud, especially in the restaurant industry.
In 2002, the federal government mandated that corporate boards of directors include at least one “audit committee financial expert” to help avert future accounting scandals. But the title and description of that position may have an unintended negative effect on the gender diversity of corporate boards, argues Seletha Butler, assistant professor of law and ethics at Georgia Tech Scheller College of Business.
A study of 365 sell-side financial analysts shows that private phone calls with managers remain an essential source of analysts’ earnings forecasts and stock recommendations – even in light of regulations limiting businesses’ selective disclosure of financial information.
A recent study from the University of Nebraska-Lincoln provides evidence that CEOs who turn out to be successful are the ones who are offered higher compensation packages from their boards at the outset.
As Germany prepares to enact quotas that will mandate quotas for female participation on major corporate boards, the United States is feeling the pressure to improve board diversity, says Hillary A. Sale, JD, corporate governance expert and professor of law at Washington University School of Law.
Case Western Reserve University will award the Inamori Ethics Prize to the founder of the premier outdoor gear and clothing company, Patagonia Inc., Yvon Chouinard. Chouinard is a global leader in corporate social responsibility with a keen focus on protecting the planet.